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NTPC - Masala Bonds at SGX

29th Sep, 2016

Singapore Stock Exchange unveiled The Global Masala Bonds Hub at the Exchange on 26th September 2016. The event was attended by the Indian High Commissioner to Singapore, H.E., Ms. Vijay Thakur Singh, along with other senior dignitaries and officials of SGX and participants from business and investors community. Mr. K. Biswal, Director(Finance), NTPC was the special speaker at the event where a presentation was made by him to a large audience highlighting NTPC’s Green Masala Bonds issue for financing renewable energy projects. With this issuance, NTPC has become the flag bearer for Rupee denominated Indian paper bringing in a new set of investors to meet the financing needs of the Indian Infrastructure sector.

Director (Finance) thereafter participated in the “Striking the Gong Ceremony”, a traditional practice at SGX, to mark the listing of NTPC’s Green Masala Bonds. A souvenir was presented to Mr. Biswal by Mr. Muthukrishnan Ramaswami, President of SGX, in appreciation of NTPC’s continuous support to SGX.